JFrog (NASDAQ:FROG) Reaches New 12-Month High – Still a Buy?

Shares of JFrog Ltd. (NASDAQ:FROG) hit a new 52-week high during trading on Tuesday . The company traded as high as $75.08 and last traded at $74.82, with a volume of 569149 shares traded. The stock had previously closed at $73.99.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FROG shares. Stifel Nicolaus lifted their target price on shares of JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Tuesday. Truist Financial boosted their price target on shares of JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. DA Davidson set a $90.00 price target on shares of JFrog in a research note on Friday, May 8th. Barclays boosted their price target on shares of JFrog from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Finally, Guggenheim boosted their price target on shares of JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $76.63.

JFrog Trading Up 0.4%

The company has a market cap of $9.00 billion, a price-to-earnings ratio of -140.17 and a beta of 1.02. The firm’s fifty day simple moving average is $51.68 and its 200 day simple moving average is $54.59.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The company’s revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, sell-side analysts expect that JFrog Ltd. will post -0.17 EPS for the current year.

Insider Buying and Selling

In other news, CTO Yoav Landman sold 75,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $64.22, for a total value of $4,816,500.00. Following the completion of the sale, the chief technology officer owned 5,753,437 shares in the company, valued at approximately $369,485,724.14. This trade represents a 1.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 25,000 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $52.27, for a total transaction of $1,306,750.00. Following the completion of the transaction, the chief executive officer owned 4,715,249 shares of the company’s stock, valued at $246,466,065.23. This represents a 0.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 514,555 shares of company stock worth $26,653,996. 11.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On JFrog

Several hedge funds have recently modified their holdings of the stock. Millstone Evans Group LLC lifted its position in JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares in the last quarter. Blue Trust Inc. acquired a new position in shares of JFrog during the fourth quarter worth $30,000. Western Wealth Management LLC acquired a new position in shares of JFrog during the first quarter worth $30,000. Bessemer Group Inc. acquired a new position in shares of JFrog during the first quarter worth $36,000. Finally, Farther Finance Advisors LLC increased its stake in shares of JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after buying an additional 478 shares during the last quarter. 85.02% of the stock is owned by institutional investors and hedge funds.

About JFrog

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.